Ah seng result out this week?

Dead cat rebound?

Monday might dip further waiting at 195 in this bad sentiment

Gkent won't die. Revenue already certain. Just dumb dumb buy

Waiting to buy back at 65Sen. Dividend better than fd

Tomorrow will see another round of panic selling on export counter. Chinwell might hit hard in the first half hour. If want to sell just wait market to calm a bit first around 10 to 11 can start to queue.

Hi franzie, people are worried because they don't study the company close enough. If u really look into detail. Read between the line u will have high confidence in Homeriz.

Just for your information, I have both Homeriz and Chinwell. I will sell Chinwell but not Homeriz.

P/E is a good indicator for investor at a first glance. But if u want to really understand the company, u can't just based on P/E itself because it might not be accurate every time.

Look at note 13 of latest QR. Loss on foreign exchange was 1.51 mil and gain from foreign exchange contract is 1.58 mil. That means the company only earn 0.03 mil on foreign exchange.
Note 11 state that the group still had around 6 mil worth of forward contract. So u can do the math by your own.

Homeriz is a very conservative export company. MYR weakened didnt earn much, strengthened also not earn much. The Group’s revenue of Q1FY2016 increased by 6.7% if compared to preceding quarter Q4FY2015.
If export theme it shouldn't only increase 6.7% while MYR weakened so much within the period.

I did not deny that Homeriz is export oriented but I don't think that the so called export theme play will help it much as the conservatives of Homeriz management doing business.

However, I might be wrong and my entry cost is just 40sen after bonus issue. So buy and sell at your own risk.

Thanks

Even though cost low also cant stand the profit taking. Tomorrow opening will be high selling pressure

I think KYY, OTB, and Rosmah all throw long time ago. Left those who chase high still keep.

Actually FOREX had little impact on Homeriz as it hedge most of it using forward contract. Thats why last two QR does not showed huge forex gain even MYR weakened. Pls refer back to the note in latest qr.

Export all die today.

I am waiting below RM1 for second round collection

Please read note 10 and 13 of latest QR before u think FOREX had huge impact on Homeriz

Hi Rosmah, any further comment on this few day drop?

Let's do some quick comparison:
Advantage:
1) Sustainable and growing revenue
2) Cheap Raw Material Price
3) Good Customer Network in Europe. (Do you do business with those you don't know but sell u cheap or with those you are familiar with?)
4) Good dividend payment policy.

Disadvantage:
1) EU loss the WTO case against China. However, according to Mr.Tsai not really have any huge effect.But since so many people talking about it I will assume that it have HUGE effect like the company going to bankruptcy because of China.
2) MYR strengthen. Since when we buy and sell share according to exchange rate. Remember that we are share investor not currency trader. If you like Exchange rate so much please go and trade FOREX.

Conclusion: Either HOLD or BUY. I don't see a reason for selling.

However, just my 2cent opinion.

Seems like people is forgetting Fed expect to hike rate 3 time within this year. I don't think MYR will keep on strengthening

Homeriz is in growth. Keep on the growth and the price will eventually pick up. Anyone attend on AGM yesterday? Kindly comment.

They should announce QR today before the AGM. So we can ask question.

RM rebound was due to BNM burning our reserve to sustain it. In fact the country is in chaos.There is no fundamental support for rebound of MYR.

is it dead? Rosmah, kindly comment

I am more interested in the photo before the massage. Looks like photo of naked girl. HAHAHAHAHA

I thought our PM already made it clear that project which already approved won't be cancel.

Gadang is a gone case. Even good QR also cannot rise up. I should sell it during 2.58.

As long as the dividend payout ratio is the same then should be no problem. The problem is KWSP keep on dumping.

Big drop today. What happened?

Look at the share price, ppl tend to fall for Robert trick.

Mr Tsai is the one replying my email

I just got the reply from management of Chinwell regarding the issue on EU loses WTO case and its impact towards Chinwell. Reply as below and hope it help:

Hi,

Good day!

It is not the first time this happened.
Anti-dumping Duties was first imply on Feb 2009 for 5 years. Then China raised the case to WTO and finally got a first appeal result of dropping the anti-dumping rate from 85% to 74% during Oct 2013. Of course, China is not satisfied with the outcome and continue with the 2nd appeal.

According to most of my customers in Europe, they feel that it would be the same with the 1st appeal that EU will take 2-3 years to re-investigate again on the case and may drop the some rates again just like the first appeal.

Due to the fact that the steel industry in EU is already in crisis for more than 6 months, I believe the politicians in EU will still stand strong on the issue to protect the local steel industry for people to keep their jobs.

Anyhow, we will still need to wait for the final result for the revised dumping rates, if the rate is still higher than 20%, Chin Well is still in the advantage side.

Regards,

Strong rebound today

Good result also not boost up price much

Ah Seng stable

year end sales. Those who gt buying power can keep on collecting and hold

Anyone here know whether can we buy China A Share?

Ah Seng should move up irregardless of oil and myr movement. Green theme is the bright future.

Gone case

Continue to drop....hahahaha

No news, in fact nothing change compare to a few weeks ago. Just sentiment no good and people panic selling. U can see the forum had been quiet.

Means due to big drop today, expecting a lot of ppl getting margin call tomorrow and might trigger second round sell down.

yeekarwai, I am lower than you

As bear come, many so called expert and professional will ask u to run and sell. This is because they know the counter is good and hope for big drop. Wise method will be hold and wait for other ppl to sell then try to collect at lowest price possible if the company is really good

long time put in freezer d. As long as MYR stay below 4 I still have faith

leno good friend with TKK. Always promote his Insas. He think Insas is the best counter in Bursa.

No buyer and seller panic to sell. Thats why price drop so much even volume is low. I am confident with this counter as our PM said revised budget won't cut on infrastructure spending.

What happened to Hang Seng? Why sudden big drop?

Market too bearish. People are panic selling now

Hi, I am new to warrant and just want to ask can we exercise the WB before expired?

Still no report yet

Hi Mr.Tan,

I had just include my Tek Seng dividend of RM95 into the portfolio.

Regards